Broadbeach, Queensland

Buy this management rights and watch your investment grow! | Resort Brokers ID : MR006838

$805,000

Property Description

This is your chance to secure a management rights business in an outstanding beach side location on the Gold Coast which is undergoing a boom in domestic tourism. Le Lavandou is a fantastic little earner, and perfect for a first time operator, and before COVID-19 it was netting $108k to the end of February 2020. For a savvy buyer, this is an opportunity to acquire an already-solid business and watch the net profit grow when the lockdown periods are over.



  • Great location in Jubilee Avenue in Broadbeach

  • Buying on Covid affected numbers - watch the bottom line grow

  • Only small amount of caretaking required

  • Supportive BC committee

  • All letting pool units have been consistently upgraded and maintained

  • Excellent training and handover from the vendor

  • Property inspections are by appointment only

Date updated: 24 Sep 2021 23:00:08

Property Summary

Business Snapshot

Price: $805,000 Net Profit: $67,658 Remuneration / Body Corp Salary: $29,111

Managers Unit

Value of Managers Apartment: $550,000Bedrooms: 2Bathrooms: 2

Complex Information

Complex Type: Resort / HolidayTotal Units in Complex: 15Total Units in Letting Pool: 14Holiday Units: 14Owner Occupy Units: 3Outside Agent Units: 4Agreement Term Remaining: 19 years
Marketing Agent
Steve Campbell
Steve Campbell

Listing location
Gallery

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